Expanding a One-Store Operation to a Two-Store Operation

Case Study on Expanding a One-store Operation to a Two-store Operation

By admin on Nov 12, 2012 with Comments 0

Introduction

Buster’s will be participating in an exciting, growing market. Buster’s as a retail business that sells mixed bag of items are now planning to extend from one-store operation to a two-store operation. With the increasing demand of products offered by Buster’s the need of opening another store that occupies 1000 square feet of space is necessary. Aside from these Buster’s will also need to hire another two employees in accordance to the desired two-store operation.

Buster’s is a full line store, one stop shop for both retail and commercial business. We fill the need for over 12,000 different types of bags and…show more content…

Families and business groups: a group of people, either friends or a group of nuclear relatives who are searching for retail products.
The Buster’s customers are individuals between the ages of 1 and 80, making up almost 100% of the ages in the area. Age is not the most defined demographic of this customer base; all age groups including kids less than 10 years of age can enjoy Busters’ products since they offered almost all types of retail products. The most defined characteristic of the target market is income Buster’s t stores have been very successful in high rent, mixed-use urban area. With this, the proposed area should have a large day and night population consisting of business people and families. Combining several key demographic factors, Buster’s arrives at a profile of the primary customer as follows:

Mexican Department Store Industry
The department store industry in Mexico functions just like the majority of department stores around the world. They target the middle to upper class people with money to spend on popular brands, food and entertainment. While the department store chains in many countries tend to focus on one line of products (e.g., clothing), the department stores in Mexico have diversified products and services that helps to decrease direct competition, but it also makes it more….

Case 2
Store 24
Maastricht University, School of Business and Economics
Course: Management Control EBC 4154
Introduction
Most of the executives of Store24, a New England based convenience store, were gathered for an important meeting to discuss a way to increase store level employees retention. Some of the suggestions were to increase wages and bonuses, training enhancements or career development programs. However, top management lacked sufficient information available that would explained….

productivity ratio for each week
b. Explain the labor productivity pattern exhibited by the data.
Answer:
Productivity is a basic measure of performance for economics, industries, firms and processes. Improving productivity is a major trend in operations management because all firms face pressures to improve their processes and supply chains so as to compete with their competitors.
Productivity is the value of outputs (services and products) produced divided by the value of input resources (wages….

Marilyn Gonzalez
From: Anita Watley
Subject: Tanglewood Stores Measurement and Validation
Marilyn Gonzalez and Daryl Perrone have asked you to complete the following steps to evaluate the soundness of the proposed selection plan, and provide them with a report. They are especially interested in learning what your results suggest about the validity of various selection methods.
1. Examine the data provided in Tables 3.1 and 3.2. Write a one page memo describing what the results show. Be certain….

Inditex, one of the worlds largest fashion distributors, has eight major sales formats - Zara, Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home y Kiddy's Class- with 3.147 stores in 70 countries around the world. Inditex Group is comprised of over one hundred companies associated in textile design, manufacturing and distribution. The achievements of the company and the uniqueness of its management model, which is based on innovation and flexibility, made Inditex one of….

B. MENDEZ DATE: NOV. 26, 2015
CASE STUDY: ALDI
1. How does ALDI’S strategy lead to competitive advantage? How does the company achieve this strategy?
* A competitive advantage is one that distinguishes a firm or a business from the competitors in the minds of the customers. It also refers to the state or condition that make a business more successful than the businesses it is competing with, or a particular thing that makes….

THE BALANCE SCORECARD: TESCO STORES
INTRODUCTION
The Balanced Scorecard (BSC) is a performance measurement tool that originated in the business worlds. Performance measurement is a way to track performance over time to assess if goals are being met. Organizations measure their performance to monitor how they’re doing in achieving their overall mission and goals.
The BSC was originally developed as a performance measurement system in 1992 by Dr. Robert Kaplan and Dr. David Norton at the Harvard Business….

Formulate an operations strategy for your business
The role of operation strategy is to provide a plan for the operations function so that it can make the best use of its resources. The operations strategy must be aligned with the company’s business strategy and enable the company to achieve its long term plan. Once the business strategy has been developed, and operation strategy must be formulated. The operation strategy relates the business strategy to the operation function. The operation strategy….